5311 Gulf Of Mexico Drive, Unit 3
5311 Gulf Of Mexico Drive, Unit 3
$1,350,000
2
2
1,028
1,028
$1,313
Description
Welcome to your own piece of paradise right on the shores of Longboat Key! This is a rare opportunity for an owner/investor to enjoy all that Longboat Key has to offer while maximizing rental profits with daily rentals! Take in the bright blue waters through the sliding glass doors as soon as you step in to the two-bedroom two-bathroom 1,028 square foot space. This turnkey, furnished unit is clean and well maintained with tile floors throughout. The kitchen offers an open space with updated appliances...Welcome to your own piece of paradise right on the shores of Longboat Key! This is a rare opportunity for an owner/investor to enjoy all that Longboat Key has to offer while maximizing rental profits with daily rentals! Take in the bright blue waters through the sliding glass doors as soon as you step in to the two-bedroom two-bathroom 1,028 square foot space. This turnkey, furnished unit is clean and well maintained with tile floors throughout. The kitchen offers an open space with updated appliances and sparkling granite countertops. The primary suite offers an en-suite bathroom and opens up to the screened in lanai with water views of the gulf. The second bedroom also offers an en-suite bathroom with two queen beds and extra space for guests. Beach Castle Resort offers a bay to gulf property, with a heated swimming pool and spa on the bay side, including a community dock and kayak launch. The gulf side of the complex offers a BBQ grille, separate laundry room, and provides beach chairs and umbrellas for use on the sandy beach. Beach Castle's rental policy accommodates minimum 1 to 7 day tenancies, with in-house property management provided by RVA. Seller reports revenue of $142,000 in 2023. Owners and tenants alike are able to use Cedar's amenities and overflow parking just up the road which includes a junior Olympic pool, ten lighted tennis courts, 24/7 fitness center and bicycles. Beach Castle Resort is pet friendly for an owner's small dog. Right in the middle of LBK, in close proximity to restaurants, St. Armand's circle and downtown Sarasota. Part time or full time, this opportunity provides flexibility to enjoy the beach life!
- Listed by Brittany Anderson • MCKAY MANAGEMENT & REALTY
Property Details for 5311 Gulf Of Mexico Drive, Unit 3
Architectural Style
Florida
Subdivision NameMCCALLS BEACH CASTLE
Township35S
ViewWater
WaterfrontYes
Water ViewGulf/Ocean - Full, Gulf/Ocean to Bay
Location
LISTING UPDATED: 03/28/2024 06:33 PM
Property Details for 5311 Gulf Of Mexico Drive, Unit 3
Status | Active |
---|---|
MLS # | A4604824 |
Days on Market | 39 |
Taxes | $12,052 / year |
HOA Fees | $1,302 / month |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Condo - Hotel |
Year Built | 1973 |
County | Manatee County |
Location
Building Information for 5311 Gulf Of Mexico Drive, Unit 3
Building/Complex5311 Gulf Of Mexico DrFloor-Stories1Pet Policy-Year Built1973Building Size-
Payment Calculator
$9,674 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 5311 Gulf Of Mexico Drive, Unit 3
Property History for 5311 Gulf Of Mexico Drive, Unit 3
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5311 Gulf Of Mexico Drive, Unit 3
Taxable ValueLand-Additions$748,000Total-
Tax Record2023$12,052 ($1,004 / month)
Home Facts
Beds2Baths2Total Finished SqFt1,028 SqFtAbove Grade Finished SqFt1,028 SqFtStories1StyleCondominiumYear Built1973ZoningLBK_R-3MXCountyMANATEEAPN79937.1025-9
Schools near 5311 Gulf Of Mexico Drive, Unit 3
This home is within Manatee.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 6 to 12 |
Rating | School | Distance |
---|---|---|
Anna Maria Elementary School PublicPK to 5 | ||
Martha B. King Middle School Public6 to 8 | ||
Bayshore High School Public9 to 12 | ||
State College Of Florida Collegiate School Charter6 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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